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Author Topic: Vertcoin - 1 | ASIC - 0 | Lyra2RE | Decentralised | GPU Mineable | Open Source  (Read 414513 times)
jamesl22
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December 28, 2014, 01:05:16 PM
 #341

Hi, what's going on with your sister coin zerovert? is it abandoned or are the devs working on improving it / bringing it over to lyra2re as originally proposed.

Please advise what the next steps are for zerovert as simple ignoring it doesn't boost confidence for vertcoin either as the devs are linked to both projects and the PR image of one will effect the other.

Thanks

ZeroVert is Bushido's project and has no real link to VTC besides its (ex)mergeminability. It is up to Bushido whether he wants to maintain it, the rest of the dev team have no control over such things.


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December 28, 2014, 01:23:02 PM
 #342

someone should explain to me why you this great coin with innovation is such a price level?
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December 28, 2014, 01:29:56 PM
 #343

Hi, what's going on with your sister coin zerovert? is it abandoned or are the devs working on improving it / bringing it over to lyra2re as originally proposed.

Please advise what the next steps are for zerovert as simple ignoring it doesn't boost confidence for vertcoin either as the devs are linked to both projects and the PR image of one will effect the other.

Thanks

ZeroVert is Bushido's project and has no real link to VTC besides its (ex)mergeminability. It is up to Bushido whether he wants to maintain it, the rest of the dev team have no control over such things.

James, thanks for making things a little clearer, is Bushido still an active dev in vertcoin though or has he completely left for zerovert / other projects.
jamesl22
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December 28, 2014, 01:45:00 PM
 #344

Hi, what's going on with your sister coin zerovert? is it abandoned or are the devs working on improving it / bringing it over to lyra2re as originally proposed.

Please advise what the next steps are for zerovert as simple ignoring it doesn't boost confidence for vertcoin either as the devs are linked to both projects and the PR image of one will effect the other.

Thanks

ZeroVert is Bushido's project and has no real link to VTC besides its (ex)mergeminability. It is up to Bushido whether he wants to maintain it, the rest of the dev team have no control over such things.

James, thanks for making things a little clearer, is Bushido still an active dev in vertcoin though or has he completely left for zerovert / other projects.


He is still around, but no where near as active as he used to be. Adam has been the project leader for quite a while now.


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▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
.BITCOIN SPORTSBOOK
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
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jdebunt
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December 28, 2014, 02:53:50 PM
 #345

Only just noticed the new development roadmap, for which I apologise.

To make it up, I wrote a small new article, which can be found here.
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December 29, 2014, 06:09:08 PM
 #346

https://vertcoin.org/wp/ann-vertcoin-elasticity/

Quote
it is now a matter of implementation

Share some details please, otherwise it sounds like block reward will rely on exchange api/price.

ontopicplease
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December 29, 2014, 06:19:42 PM
 #347

https://vertcoin.org/wp/ann-vertcoin-elasticity/

Quote
it is now a matter of implementation

Share some details please, otherwise it sounds like block reward will rely on exchange api/price.


As far as I understand; no demand and low price results in small blocks and vice versa. So, first I set my miners on VTC, then immediately buy the coins on exchanges, then block reward goes skyhigh, then I mine even more coins. Everyone wakes up and starts buying VTC, then I mine even more and then I sell all VTC for nice price.
sammy007
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December 29, 2014, 06:22:30 PM
 #348

https://vertcoin.org/wp/ann-vertcoin-elasticity/

Quote
it is now a matter of implementation

Share some details please, otherwise it sounds like block reward will rely on exchange api/price.


As far as I understand; no demand and low price results in small blocks and vice versa.

How the hell coin can know that demand is low and price is low?

ontopicplease
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December 29, 2014, 06:25:05 PM
 #349

https://vertcoin.org/wp/ann-vertcoin-elasticity/

Quote
it is now a matter of implementation

Share some details please, otherwise it sounds like block reward will rely on exchange api/price.


As far as I understand; no demand and low price results in small blocks and vice versa.

How the hell coin can know that demand is low and price is low?

I have no idea, just joking a bit. BTW just bought 35k VTC on cryptsy, I think it's a good moment to buy.
sammy007
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December 29, 2014, 06:26:36 PM
 #350

https://vertcoin.org/wp/ann-vertcoin-elasticity/

Quote
it is now a matter of implementation

Share some details please, otherwise it sounds like block reward will rely on exchange api/price.


As far as I understand; no demand and low price results in small blocks and vice versa.

How the hell coin can know that demand is low and price is low?

I have no idea, just joking a bit. BTW just bought 35k VTC on cryptsy, I think it's a good moment to buy.

I bought some too Tongue No idea what owner of these 2 buy/sell walls trying to achieve. Selling at this price is something I can't understand, it does not worth a time for setting up order. Everything up to 25 cents is bargain.

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December 29, 2014, 08:11:12 PM
 #351

https://vertcoin.org/wp/ann-vertcoin-elasticity/

Quote
it is now a matter of implementation

Share some details please, otherwise it sounds like block reward will rely on exchange api/price.


As far as I understand; no demand and low price results in small blocks and vice versa.

How the hell coin can know that demand is low and price is low?

I have no idea, just joking a bit. BTW just bought 35k VTC on cryptsy, I think it's a good moment to buy.

I bought some too Tongue No idea what owner of these 2 buy/sell walls trying to achieve. Selling at this price is something I can't understand, it does not worth a time for setting up order. Everything up to 25 cents is bargain.


Some people just want the price to be low, when you see sell walls moving just to control the price.
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December 29, 2014, 11:04:35 PM
 #352

Some problem on p2pools.



Quote
[02:03:27] Initialising kernel Lyra2RE.cl with bitalign, unpatched BFI, nfactor 10, n 1024
[02:03:29] GPU0: invalid nonce count - HW error
[02:03:30] GPU0: invalid nonce count - HW error
[02:03:30] GPU0: invalid nonce count - HW error
[02:03:30] Accepted 7249a9a2 Diff 0.004/0.000 GPU 0
[02:03:30] Accepted 3b2e8776 Diff 0.008/0.000 GPU 0
[02:03:30] GPU0: invalid nonce count - HW error
[02:03:30] Accepted 68183ba7 Diff 0.005/0.000 GPU 0
[02:03:30] Accepted b138c654 Diff 0.003/0.000 GPU 0
[02:03:30] GPU0: invalid nonce count - HW error
[02:03:30] GPU0: invalid nonce count - HW error
[02:03:30] GPU0: invalid nonce count - HW error
[02:03:30] Accepted 1cf4bc72 Diff 0.017/0.000 GPU 0
[02:03:31] GPU0: invalid nonce count - HW error
[02:03:31] GPU0: invalid nonce count - HW error
[02:03:31] Accepted ce376718 Diff 0.002/0.000 GPU 0
[02:03:31] ru.p2pool.pl difficulty changed to 0.000
[02:03:31] GPU0: invalid nonce count - HW error
[02:03:31] GPU0: invalid nonce count - HW error
[02:03:32] GPU0: invalid nonce count - HW error
[02:03:32] GPU0: invalid nonce count - HW error
[02:03:32] GPU0: invalid nonce count - HW error
[02:03:32] GPU0: invalid nonce count - HW error
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December 29, 2014, 11:08:37 PM
 #353

After restart p2pool -> normal
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December 30, 2014, 02:28:01 AM
 #354

The system of elasticity does NOT affect the block reward (ie. the subsidy). Nor does it directly impact anyone's wallet balance, as in, without their interaction. Sorry all, but the details are under wraps until we get closer to releasing. Trust me, I wish we could say more as it is very exciting, however, it is in our best interest to keep it on the DL.

Cheers,

Adam


https://vertcoin.org/wp/ann-vertcoin-elasticity/

Quote
it is now a matter of implementation

Share some details please, otherwise it sounds like block reward will rely on exchange api/price.


As far as I understand; no demand and low price results in small blocks and vice versa. So, first I set my miners on VTC, then immediately buy the coins on exchanges, then block reward goes skyhigh, then I mine even more coins. Everyone wakes up and starts buying VTC, then I mine even more and then I sell all VTC for nice price.
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December 30, 2014, 02:36:00 AM
 #355

https://vertcoin.org/wp/ann-vertcoin-elasticity/

Quote
it is now a matter of implementation

Share some details please, otherwise it sounds like block reward will rely on exchange api/price.

If they can make it work the elastic distribution model in VTC will be the best thing since sliced bread.
Once again VTC shows great innovation.
ontopicplease
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December 30, 2014, 04:45:14 AM
 #356

The system of elasticity does NOT affect the block reward (ie. the subsidy). Nor does it directly impact anyone's wallet balance, as in, without their interaction. Sorry all, but the details are under wraps until we get closer to releasing. Trust me, I wish we could say more as it is very exciting, however, it is in our best interest to keep it on the DL.

Cheers,

Adam


https://vertcoin.org/wp/ann-vertcoin-elasticity/

Quote
it is now a matter of implementation

Share some details please, otherwise it sounds like block reward will rely on exchange api/price.


As far as I understand; no demand and low price results in small blocks and vice versa. So, first I set my miners on VTC, then immediately buy the coins on exchanges, then block reward goes skyhigh, then I mine even more coins. Everyone wakes up and starts buying VTC, then I mine even more and then I sell all VTC for nice price.

Any rough estimation how long it will take until it works?
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December 30, 2014, 05:01:40 AM
 #357

https://vertcoin.org/wp/ann-vertcoin-elasticity/

Quote
it is now a matter of implementation

Share some details please, otherwise it sounds like block reward will rely on exchange api/price.

If they can make it work the elastic distribution model in VTC will be the best thing since sliced bread.
Once again VTC shows great innovation.

In other words it will be LTC done right.

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December 30, 2014, 06:47:55 AM
 #358

The system of elasticity does NOT affect the block reward (ie. the subsidy). Nor does it directly impact anyone's wallet balance, as in, without their interaction. Sorry all, but the details are under wraps until we get closer to releasing. Trust me, I wish we could say more as it is very exciting, however, it is in our best interest to keep it on the DL.

Cheers,

Adam
I guess, "elasticity" means change of block generation algorithm. Periodic block generation and meaningless calculations  are a trash for payment system. If block generation will depend of new transactions appearence - it will be really great.
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December 30, 2014, 08:59:22 AM
 #359

Wow! Really nice move, adam and james Smiley

If you want to publish something about that just PM me your PR.

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December 30, 2014, 01:51:13 PM
 #360

One heck of a wall on cryptsy. Going to take a while to chew threw it...

Perhaps it will simply vanish when it's has been eaten into a bit.
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